John Cochrane's blog has always been a favorite of mine. It's provocative. It's entertaining. And it invariably leads me to refl...
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Some Thoughts on the Fed's CBDC Report
Economists within the Federal Reserve System have been musing about central bank digital currency for a while now. For example, yours truly ...
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The Inflation Blame Game
Inflation is back together with a new season of finger-pointing. I see some pundits wanting to blame the 2021 inflation on workers. Workers ...
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Run-Proof Stablecoins
A stablecoin (SC) is a financial structure that attempts to peg the value of its liabilities (or a tranched subset of its liabilities) to an...
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